NOT LISTED FOR SALE

523 Illinois Ave Ottawa, IL 61350

Estimated Value: $212,000 - $241,000

5 Beds
2.5 Baths
2,090 Sq Ft
$111/Sq Ft Est. Value

Last Sold September 15, 2021

Last sale price $170,000 $81 Per Sq Ft

Est. 36% increase in value since last sale

Current estimated payment $1,641/month

107 Days on Market

Highlights

  • Second Kitchen
  • 0.88 Acre Lot
  • Wood Flooring
  • River Front
  • Mature Trees
  • Sun or Florida Room

About This Home

As of September 2021

Incredible views of the Illinois River from this RIVERFRONT property. Fall in love with the lower level Sunroom with abundance of windows giving sunlight and gorgeous views. Many rooms in the home give different River views for one to enjoy. This park like setting is great to enjoy backyard picnics with mature trees and serene water reflections and sunsets. Homeowner bought home in the 1950', future buyer to explore options with 5 bedroom and second kitchen. Hot Water Heater boiler/ water heater system installed July 2020 is for the lower and main level. Electric heat on upper top level. Roof completed in 2017. North east 1st and 2nd floor addition completed approximately 35 years ago, the sunroom addition completed approximately 10 years ago. Unique kitchen with knotty pine finish and eat-in area with booth area. Flood wall installed 2015 with removable flood gate. Additional Premium for Flood insurance will be needed. Four car garage with brick drive entry. County records indicate .88 acre parcel. Decorative fireplaces. Come see this great unique home !

Last Agent to Sell the Property

Theresa Poundstone

Coldwell Banker Real Estate Group License #475137652 Listed on: 04/10/2021

Coldwell Banker Real Estate Group

Last Buyer's Agent

Martin McConville

McConville Realty and Auctioneering

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,255

Year Built

  • Built in 1900

Lot Details

  • 0.88 Acre Lot
  • Lot Dimensions are 65x132 74x 275
  • River Front
  • Irregular Lot
  • Mature Trees

Parking

  • 4 Car Garage
  • Parking Included in Price

Home Design

  • Stone Foundation
  • Asphalt Roof
  • Vinyl Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,090 Sq Ft Home
  • 2-Story Property
  • Bookcases
  • Ceiling Fan
  • Family Room
  • Living Room
  • Dining Room
  • Home Office
  • Sun or Florida Room
  • Carbon Monoxide Detectors

Kitchen

  • Second Kitchen
  • Range

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 5 Potential Bedrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Basement

  • Basement Fills Entire Space Under The House
  • Sump Pump

Outdoor Features

  • Porch

Schools

  • Ottawa Township High School

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Baseboard Heating
  • Heating System Uses Steam

Listing and Financial Details

  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,255

Year Built

Built in 1900

Lot Details

0.88 Acres

Parking

4

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 2 Stories
  • Ownership: Fee Simple
  • New Construction: No
  • Property Sub-Type: 2 Stories
  • Year Built: 1900
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: Flood Zone
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Actual Status: Closed
  • ResoPropertyType: Residential
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Range, Refrigerator, Washer, Dryer
  • Basement: Full
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3
  • Total Bedrooms: 5
  • Interior Amenities: Hardwood Floors, Bookcases
  • LivingArea: 2090
  • Other Equipment: CO Detectors, Ceiling Fan(s), Sump Pump
  • Room Type: Sun Room, Bedroom 5, Kitchen, Office
  • Estimated Total Finished Sq Ft: 2089
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Square Footage Comments: lower level walk out level
  • Total Sq Ft: 3123
  • Flooring: Hardwood
  • ResoLivingAreaSource: Appraiser

Exterior Features

  • ExteriorFeatures: Porch
  • Foundation Details: Concrete Perimeter, Stone
  • Lot Features: Irregular Lot, River Front, Mature Trees
  • OtherStructures: None
  • Patio And Porch Features: Porch
  • Roof: Asphalt
  • Waterfront: Yes
  • Exterior Building Type: Vinyl Siding

Garage/Parking

  • Garage Spaces: 4
  • ParkingTotal: 4

Utilities

  • Sewer: Public Sewer
  • Cooling: Wall Unit(s)
  • Heating: Electric, Steam, Baseboard
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee Frequency: Not Applicable
  • Master Association Fee Frequency: Not Required

Fee Information

  • Association Fee Includes: None

Schools

  • High School: Ottawa Township High School

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 0.88
  • Lot Dimensions: 65X132 74X 275
  • Rural (Y/N): N
  • Lot Size: .50-.99 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 17
  • Is Parking Included in Price: Yes

Tax Info

  • Tax Annual Amount: 4254.76
  • Tax Year: 2020
  • Tax Exemptions: Homeowner

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 10, 2021
Closed on
Sep 10, 2021
Sold by
Ostrem Norma J
Bought by
Mcconville Martin P
Seller's Agent
Theresa Poundstone
Coldwell Banker Real Estate Group
Buyer's Agent
Martin McConville
McConville Realty and Auctioneering
List Price
$189,900
Sold Price
$170,000
Premium/Discount to List
-$19,900
-10.48%
Current Estimated Value
$231,718

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$61,718
Avg. Annual Appreciation
7.26%
Original Mortgage
$160,000
Outstanding Balance
$145,371
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$86,347

Purchase Details

Closed on
Jul 1, 2020
Sold by
Ostrem Stanle Y L and Ostrem Sama D
Bought by
Ostrem Norma J
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Mcconville Martin P $170,000 None Available
Ostrem Norma J -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mcconville Martin P $160,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/15/2021 09/15/21 Sold $170,000 -10.5% $81 / Sq Ft
07/26/2021 07/26/21 Pending -- -- --
05/07/2021 05/07/21 For Sale $189,900 0.0% $91 / Sq Ft
04/14/2021 04/14/21 Pending -- -- --
04/10/2021 04/10/21 For Sale $189,900 -- $91 / Sq Ft
Source: Midwest Real Estate Data (MRED)

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $5,386 $63,294 $21,199 $42,095
2023 $5,335 $56,649 $18,973 $37,676
2022 $4,849 $51,415 $17,220 $34,195
2021 $4,536 $48,191 $16,140 $32,051
2020 $4,255 $45,778 $15,332 $30,446
2019 $4,349 $45,312 $15,176 $30,136
2018 $3,672 $44,224 $14,812 $29,412
2017 $2,566 $42,869 $14,358 $28,511
2016 $3,319 $41,030 $13,742 $27,288
2015 $2,566 $34,302 $7,256 $27,046
2012 -- $37,499 $7,932 $29,567
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11049498

Midwest Real Estate Data (MRED)

APN: 21-11-322005

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